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This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar.
The pay scale was originally created with the purpose of keeping federal salaries in line with equivalent private sector jobs. Although never the intent, the GS pay scale does a good job of ensuring equal pay for equal work by reducing pay gaps between men, women, and minorities, in accordance with another, separate law, the Equal Pay Act of 1963.
The average wage is a measure of total income after taxes divided by total number of employees employed. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP).
Other states with a lofty share of salary data listed on their job postings also have laws on the books, including California, where 70% of listings include pay details, and Washington state with 75%.
Compa-ratio is calculated as the employee's current salary divided by the current market rate as defined by the company's competitive pay policy. Compa-ratios are position-specific. Each position has a salary range that includes a minimum, a midpoint, and a maximum. These three values represent industry averages for the position.
A heat map of the United States by living wage for a single, childless individual according to the MIT living wage calculator as of 2023 [18] $15–15.99 $16.00–16.99
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